Module 5 – Funding the Project

The District and MSBA staff establish and document the project scope, budget, schedule, and MSBA financial participation to forward to the MSBA Board of Directors for their approval. Approval by the MSBA Board of Directors establishes the MSBA participation in the proposed project.

Upon Board approval of a proposed project, the District and the MSBA may enter into a Project Scope and Budget Agreement that defines the project scope, budget, schedule, and potential MSBA participation in the project. Once the District secures community authorization and financial support, the MSBA and the District enter into a Project Funding Agreement, which also defines the scope, budget and schedule for the project.

Disclaimer: As with every construction project, the scope, design, schedule, and costs are all subject to change as the project progresses. This website contains planning and design materials which reflect a fluid work-in-progress and an ever-evolving design that should not be construed to be “final” as they are subject to modification.